As the pair consolidate in a uptrend flag pole, retesting the break of the W formation, more upwards movement is expected. An early entry from the bullish rejection candle of the MA and the bottom of the small down trend channel smaller Stop loss Or entry at the break of the consolidation for a safer entry- with a larger stop loss (rejection happened at the 50%...
Ingulfing signal closed under resistance and Moving average. Momentum is on the Bears side, down trend continuation Like and Comment for more ideas Thrill9r
Ingulfing bar rejecting Moving Average in the direction of a strong down trend after And it happened after the MA crossed over the EMA Like and Comment for more ideas Thrill9r